• Transaction / Assets
    land for office development in Alcântara, Lisbon
  • Seller
    Grupo SIL
  • Buyer
    BedRock Capital Partners
  • € MM

BedRock Capital Acquires Land for Offices in Alcântara

3 March 2020 A family office managed by BedRock Capital Partners has acquired land for a mega-project in Alcântara, next to Lisbon’s LX Factory, from Grupo SIL. The two plots are slated for a 37,000-square meter office development.

BedRock will invest a total of €100 million in the long-term project. Plans for the site include two office buildings with a gross above ground construction area of 40,000 m2, along with 681 new parking spaces. Each of the buildings will have an average gross leasable area of ​​2,600 m2 per floor.

Concurrently, the SIL Group will also build a 270-flat residential complex on the site.

Original Story:  Jornal Económico

Translation/Summary: Richard D. Turner